Pound Sterling Price News and Forecast: GBP/USD struggles to extend week-start rebound
|GBP/USD hovers around 1.3250 as bulls doubt Brexit, BOE positives
GBP/USD treads water around 1.3255-60 during the early Asian session on Tuesday, following a positive daily performance. The cable pair fades the recovery strength as sluggish market sentiment and a lack of major catalysts challenge the buyers’ previous optimism surrounding Brexit and the Bank of England’s (BOE) next move.
Trading short GBP/USD, Omicron threat to NZD and AUD, DJI recovering [Video]
Despite a bad headline Non-Farm Payroll report last week, the actual details we much better than predicted with an Unemployment Rate of 4.2% and a very good US Services PMI number so the USD is getting stronger. This good news means that the US Federal Reserve can look again at tapering and raising Interest Rates earlier which makes USD stronger.
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